HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Thanks for the reply Fantomas...I understand the outlay problems better now. The other question was..is NOT handing over the reigns of their present anomoly to 50% interest as well. These guys can't lose if that is the case. I'm thinking they wont' be allowed in the Ring of Fire where NOT has already hit on precious minerals.. they will need to stay on the fringes in areas not yet explored by NOT. Does this make any sense? That's why my previous post indicated the advantages of the JV but the question regarding confirmation of exploration rights within the Ring of Fire zone.

Sorry if I was unclear. Have a good weekend all. Loving the sunshine here in TO.

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